“We are confident in our long-term growth strategies and our unique positioning of offering the high-touch service of an independent combined with the value and convenience of a national brand,” said President and Chief Executive Officer Charles Tyson. “In light of the current macroeconomic environment, we believe it is prudent to slow our new store opening cadence and allocate capital toward share repurchases under our current authorized plan.”
Sohu.com Q3 Adj. EPS $(0.50) Down From $0.44 YoY, Sales $185.00M Down From $216.09M YoY
Sohu.com (NASDAQ:SOHU) reported quarterly losses of $(0.50) per share. This is a 213.64 percent decrease over earnings of $0.44 per share from the same period last year. The company reported $185.00 million in sales
